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OPEC ends reliance on International Energy Agency data
Yeni Safak ^

Posted on 04/01/2022 5:50:53 PM PDT by FarCenter

The Organization of Petroleum Exporting Countries (OPEC) has said it will stop using International Energy Agency (IEA) data to assess compliance with production quotas of OPEC member countries.

The decision came after an extraordinary meeting held via videoconference Thursday.

OPEC agreed to replace IEA with consultancy groups Wood Mackenzie and Rystad Energy as secondary sources while assessing the crude production levels of member countries.

The group said the decision will take effect immediately.

(Excerpt) Read more at yenisafak.com ...


TOPICS: News/Current Events
KEYWORDS:
The IEA is under the OECD.
1 posted on 04/01/2022 5:50:53 PM PDT by FarCenter
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To: FarCenter

“OPEC ends reliance on International Energy Agency data”

SMART!!! Sounds as if the Third World is DONE with trusting the West for honesty. As things stand, they’ll do better with Putin.


2 posted on 04/01/2022 5:58:45 PM PDT by BobL (Putin isn't sending gays into our schools to recruit children, but anti-Putin people are)
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To: FarCenter
IEA = OECD = New World Order

They work overtime to make sure EVERYONE in the world is paying "their fair share" [sic] of taxes. They fight tax shelters and tax refuges 24/7.

3 posted on 04/01/2022 6:04:13 PM PDT by Governor Dinwiddie (LORD, grant thy people grace to withstand the temptations of the world, the flesh, and the devil.)
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To: BobL

As things stand, they’ll do better with Putin.
That’s not saying much.
No one is noticing the meetings Saudi Arabia and UAE had in Moscow about Energy Security recently. Seems the two couldn’t take Biden’s phone c all cause they were in a meeting with Lavrov.


4 posted on 04/01/2022 7:24:40 PM PDT by griswold3 (When chaos serves the State, the State will encourage chaos)
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To: griswold3

“Seems the two couldn’t take Biden’s phone c all cause they were in a meeting with Lavrov.”

Exactly - they know that Russia will keep their word, so they will ALWAYS be first in the pecking order.


5 posted on 04/01/2022 7:47:28 PM PDT by BobL (Putin isn't sending gays into our schools to recruit children, but anti-Putin people are)
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To: BobL

Russia keeping their word? That’s a joke right?


6 posted on 04/01/2022 7:51:05 PM PDT by griswold3 (When chaos serves the State, the State will encourage chaos)
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To: griswold3

“Russia keeping their word? That’s a joke right?”

Russia had CONTRACTS to keep Europe from freezing to death. Russia delivered, per the contracts. Sounds like they’re keeping their word.

Now Europe has decided not to pay them...who broke the contract?


7 posted on 04/01/2022 7:53:36 PM PDT by BobL (Putin isn't sending gays into our schools to recruit children, but anti-Putin people are)
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